State Bank of Mysore was established in the year 1913 as Bank of Mysore Ltd. under the patronage of the erstwhile Govt. of Mysore, at the instance of the banking committee headed by the great Engineer-Statesman, Late Dr. Sir M.Visvesvaraya. Subsequently, in March 1960,the Bank became an Associate of State Bank of India. State Bank of India holds 92.33% of shares.

Fixed Deposit Calculator:

Fixed Deposits are a great way to invest for those who rate safety higher than returns.

This Fixed Deposit (FD) Calculator helps you find out how much interest you can earn on an FD and the value of your invesment (Principal) on Maturity when compounding of interest is done on a monthly, quarterly, half-yearly or yearly basis.

Principal (Rs.)

Rate of Interest (%)

Period

Frequency

You Invested Rs.

Maturity Value Rs. Interest earned Rs.

Note: In India, banks use quarterly compounding to calculate interest in rupees.